ACG production drops by nearly 12% 

In January-September 2022, the production in the Azeri-Chirag-Deepwater Gunashli (ACG) block of fields dropped by 2 million tons, or 11.8%, Report informs, citing BP-Azerbaijan.

Total ACG production for the first three quarters was, on average, about 418,000 barrels per day (b/d) (about 114 million barrels or 15 million tonnes in total) from the Chirag (25,000 b/d), Central Azeri (105,000 b/d), West Azeri (108,000 b/d), East Azeri (63,000 b/d), Deepwater Gunashli (77,000 b/d) and West Chirag (40,000 b/d) platforms.

At the end of the quarter, 137 oil wells were producing, while 33 were used for water and eight for gas injection. During the first three quarters of 2022, ACG completed 11 oil producers and two water injector wells.

ACG participating interests are: bp (30.37%), SOCAR (25.0%), MOL (9.57%), INPEX (9.31%), Equinor (7.27%), ExxonMobil (6.79%), TPAO (5.73%), ITOCHU (3.65%), ONGCVidesh (2.31%).

Other News

Azeri Light oil nears $120 per barrel 11 September, 2026 / 10:37
Oil prices decline in morning trade 11 September, 2026 / 10:23
OPEC: Oil exports via BTC fell 8% in July 10 September, 2026 / 16:50
Azeri Light crude exceeds $113 per barrel 10 September, 2026 / 09:29